Press release
Sodium Hypochlorite Market To See Record Break Revenue US$ 380 million by 2027
The Sodium Hypochlorite Market report contain detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the keyword market by region. The global sodium hypochlorite market is projected to ๐ฌ๐ฎ๐ซ๐ฉ๐๐ฌ๐ฌ ๐๐$ ๐๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐ญ๐ก๐ ๐๐ง๐ ๐จ๐ ๐๐๐๐ in terms of revenue, exhibiting a ๐๐๐๐ ๐จ๐ ๐.๐% during the forecast period (๐๐๐๐ ๐ญ๐จ ๐๐๐๐).Get an exclusive sample copy of business report: https://www.coherentmarketinsights.com/insight/request-sample/3983
Growing end-use industries such as pharmaceutical, water treatment, chemical, and others in emerging economies is expected to drive growth of the global sodium hypochlorite market during the forecast period. Among region, North America held dominant position in the global sodium hypochlorite market in 2019, reporting 33% market share in terms of revenue, followed by North America and Europe.
๐๐จ๐ฉ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐๐จ๐๐ข๐ฎ๐ฆ ๐๐ฒ๐ฉ๐จ๐๐ก๐ฅ๐จ๐ซ๐ข๐ญ๐ ๐ฆ๐๐ซ๐ค๐๐ญ: BASF Chemicals, Odyssey Manufacturing Co., Aditya Birla, AGC group, Orica Watercare, Akzo Nobel, Shanghai Polymet Commodities Ltd., Sumitomo Chemicals, Solvay Chem, Sunbelt Chemical Corporations, Arkema Group, Surpress Chem, and Ineos
๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ
Sodium hypochlorite is corrosive in nature and thus extremely dangerous when exposed directly. Stringent safety measures are required to be taken by the workers while working in production plants of sodium hypochlorite. High risks involved in during production of Sodium hypochlorite is expected to hinder growth of the market over the forecast period.
๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ
Key players are focusing on adoption of growth strategies such as mergers and acquisitions to create growth opportunities at a global level for the sodium hypochlorite market. For instance, in February 2019, De Nora, a chemical manufacturing company, acquired water purification firm MIOX, a producer and distributor of water treatment solutions. MIOX offers on-site generator which are engineered to provide a cost-effective and reliable solution for production of sodium hypochlorite.
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๐๐๐๐ฅ๐ ๐จ๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ๐ฌ
Research Objectives and Assumptions
Market Purview
Market Dynamics, Regulations, and Trends Analysis
Global Sodium Hypochlorite Market - Impact of Coronavirus (Covid-19) Pandemic
Global Sodium Hypochlorite Market, By Application, 2020- 2027 (US$ Mn)
Global Sodium Hypochlorite Market, By End-Use, 2020- 2027 (US$ Mn)
Global Sodium Hypochlorite Market, By Region, 2020- 2027 (US$ Mn)
๐ ๐ซ๐๐ช๐ฎ๐๐ง๐ญ๐ฅ๐ฒ ๐๐ฌ๐ค๐๐ ๐๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ
Q.What will the market size be in 2027?
Q.What are the major factors that are expected to drive growth of the global sodium hypochlorite market during the forecast period?
Q.What are the trends in the global sodium hypochlorite market?
Q.What are the key factors hampering growth of the global sodium hypochlorite market?
Q.Which are the key players in the global sodium hypochlorite market?
Q.What is the current market size?
๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐๐ข๐ฎ๐ฆ ๐๐ฒ๐ฉ๐จ๐๐ก๐ฅ๐จ๐ซ๐ข๐ญ๐ ๐๐๐ซ๐ค๐๐ญ - ๐๐ฆ๐ฉ๐๐๐ญ ๐จ๐ ๐๐จ๐ซ๐จ๐ง๐๐ฏ๐ข๐ซ๐ฎ๐ฌ (๐๐จ๐ฏ๐ข๐-๐๐) ๐๐๐ง๐๐๐ฆ๐ข๐
The global sodium hypochlorite market is expected to witness surge in growth in 2020, owing to stringent regulations by governments for sanitization of public spaces. However, Covid-19 pandemic has severely impacted distribution channels and consumer spending patterns. Consumer goods and chemical among others are expected to witness a declining demand due to lockdown in various countries across the globe. However, end-user industries such as pharmaceutical and water treatment are expected to grow during the forecast period.
๐๐จ๐ก๐๐ซ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ'๐ฌ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ
Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:
โฃPrimary Research (Trade Surveys and Experts Interviews)
โฃDesk Research
โฃProprietor Data Analytics Model
In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.
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